Economic Situation & strategy
July 23, 2021

Growth Peak Reached – Bad Omen for the Stock Market?

After a brief but strong recession at the beginning of last year, the global economy has recovered continuously over the past twelve months.  Impetus from monetary and fiscal policy was so strong that the vigor of the recovery surprised many investors who then greatly increased the proportion of high-risk investments in their portfolios resulting in rising stock and corporate bond prices. However, the economic boom seems to have passed its peak now.